Allianz (FRA:ALV) PT Set at €270.00 by The Goldman Sachs Group

Allianz (FRA:ALVGet Rating) has been given a €270.00 ($284.21) price target by equities research analysts at The Goldman Sachs Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective suggests a potential upside of 39.38% from the company’s current price.

Several other research analysts also recently commented on ALV. Morgan Stanley set a €250.00 ($263.16) price target on Allianz in a research report on Tuesday, April 5th. JPMorgan Chase & Co. set a €255.00 ($268.42) price target on shares of Allianz in a research report on Wednesday, May 4th. UBS Group set a €243.00 ($255.79) price target on Allianz in a research report on Friday, February 18th. Deutsche Bank Rese… set a €250.00 ($263.16) price objective on shares of Allianz in a research report on Thursday, April 28th. Finally, Deutsche Bank Aktiengesellschaft set a €250.00 ($263.16) price objective on shares of Allianz in a report on Wednesday, March 16th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of €248.43 ($261.50).

Shares of FRA ALV traded up €2.06 ($2.17) during trading on Wednesday, reaching €193.72 ($203.92). 1,370,842 shares of the stock were exchanged. The business’s 50-day moving average price is €211.32 and its 200 day moving average price is €210.82. Allianz has a twelve month low of €167.30 ($176.11) and a twelve month high of €206.80 ($217.68).

About Allianz (Get Rating)

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.

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